Synthetic Menthol Market Scope
Synthetic menthol refers to the crystalline organic compound which is produced synthetically. It is a colorless solid at room temperature. It can also be obtained naturally from peppermint, corn mint, mint oil, and others. Menthol has high nutritional and medical value hence, it is used widely personal care products. Synthetic menthol market has high growth prospects owing to increasing demand from the pharmaceuticals, cosmetics, oral hygiene, and food & beverages industry. Further, growing demand from the developing economies expected to drive the demand for synthetic menthol market over the forecasted period.
The market study is being classified by Type (Pharmaceutical Grade and Food Grade), by Application (Pharmaceuticals, Cosmetics, Oral Hygiene, Food & Beverages and Others) and major geographies with country level break-up.
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Synthetic Menthol market throughout the predicted period.
J M Loveridge plc (United Kingdom), Procter and Gamble (United States), Natural Sourcing Inc. (United States), Spectrum chemicals (United States), BASF SE (Germany), Symrise AG (Germany) and Takasago International Corporation (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Prakash Chemicals (India) and NecLife (India).
AdvanceMarketAnalytics has segmented the market of Global Synthetic Menthol market by Type, Application and Region.
On the basis of geography, the market of Synthetic Menthol has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Rising Use of Synthetic Menthol for Non-Prescription Analgesic
- Increasing Demand for Synthetic Menthol from Numerous Industry Verticals
- Rising Demand for the Pharmaceutical Grade Synthetic Menthol
- Growing Application of Synthetic Menthol in Personal Care Products
- Rising Demand from the Food and Beverage Industry
- Increasing Demand from the Developing Economies
- Stringent Government Regulations Regarding Chemicals
- Fluctuating Raw Material Prizes
- Lack of Awareness in the Low and Middle Income Group Countries
Key Target AudienceSynthetic Menthol Providers, Potential Investors, Technology Providers, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes, Business Consulting Firms and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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